Press release
Comprehensive Form Automation Software Market Forecast 2025-2034: Growth Trends and Strategic Shifts
Form Automation Software
Form Automation Software Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of form automation software has seen a significant increase in recent years. The industry, with a valuation of $16.94 billion in 2024, is projected to reach $20.55 billion in 2025, reflecting a compound annual growth rate (CAGR) of 21.3%. The remarkable increase during the historical term is linked to the escalating need for effective practices, the growing necessity for digital transformation, an increased paperwork volume, initiatives to cut down costs, and the introduction of robotic process automation (RPA).
Form Automation Software Market Size Forecast: What's the Projected Valuation by 2029?
There's an anticipation of exceptional expansion in the form automation software market size over the upcoming years. The market is forecasted to surge to $44.29 billion by 2029, with a compound annual growth rate (CAGR) of 21.2%. A multitude of factors are responsible for the projected growth during the forecast period, including advancements in security features, customizable workflow automation, an emphasis on user experience (UX), the compatibility with other software systems, and the construction of solutions tailored to specific industries. Key trends expected during the forecast period englobe the incorporation of blockchain for data protection, a move towards platforms requiring minimal or no coding, automation propelled by artificial intelligence (AI), the use of hybrid cloud solutions, and the emergence of intelligent document processing (IDP).
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What Are the Drivers Transforming the Form Automation Software Market?
The rise in the use of cloud computing is anticipated to boost the form automation market in the future. Cloud-based services involve the delivery of computing resources and applications through the Internet, enabling users to remotely access and use them without the need for substantial hardware or infrastructure on-site. The escalated usage of cloud computing is due to factors such as scalability, affordability, better collaboration, increased flexibility, and the escalating demand for remote data and application access. Form automation software aids in the smooth transition from traditional paper-based processes to digital platforms, thereby improving workflows, boosting efficiency, and promoting the use of cloud-based computing by decreasing dependence on physical infrastructure and facilitating easier integration with cloud platforms. For instance, as per the statistics released by Eurostat, a statistical office of the European Union located in Luxembourg, in December 2023, the percentage of enterprises purchasing cloud computing services in the EU rose by 4.2% points from 2021 to 2023, with 42.5% of them choosing these services, primarily for e-mail, file storage, and office software. Hence, the rising adoption of cloud computing is propelling the expansion of the form automation market.
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What Long-Term Trends Will Define the Future of the Form Automation Software Market?
Leading businesses in the form automation software market are ramping up their emphasis on creating sophisticated tools such as online forms and workflow automation solutions to streamline data gathering and lead generation procedures. These solutions encapsulate software systems tailored for simplifying the design, administration, and processing of electronic forms, together with the automation of associated tasks and functions. For example, In September 2023, Jotform Inc., a US-based firm specializing in building online forms, unveiled Jotform for Salesforce on the Salesforce AppExchange. The platform provides an integrated, potent form automation, a no-coding required form constructor, a tool for electronic signatures, a mobile application generator, approval workflow mechanisms, an automatic report creation, plus Salesforce integration, and object mapping. This progression marks a significant technological advancement in form automation software, enhancing integration with Salesforce, providing adaptable solutions for an array of industries, improving efficiency, and contributing user-friendly implements, henceforth fuelling market innovation and product usage.
Which Segments in the Form Automation Software Market Offer the Most Profit Potential?
The form automation software market covered in this report is segmented -
1) By Type: Cloud Based, On-Premise
2) By Pricing Model: Subscription, One-Time
3) By Application: Invoices, Contracts, Employee Onboarding, Surveys And Feedback Forms, Other Applications
4) By Industry Vertical: Banking Financial Services And Insurance (BFSI), Retail And E-commerce, Telecommunication, Education, Media And Entertainment, Healthcare, Other Industry Verticals
Subsegments:
1) By Cloud-Based: Saas (Software As A Service) Form Automation, Cloud Form Builders, Cloud-Based Workflow Automation
2) By On-Premise: On-Premise Form Automation Software, Self-Hosted Form Automation Solutions, On-Premise Workflow Management Tools
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Which Firms Dominate the Form Automation Software Market by Market Share and Revenue in 2025?
Major companies operating in the form automation software market report are Microsoft Corporation; IBM Corporation; Adobe Inc.; Rockwell Automation Inc.; OpenText Corporation; Zoho Corporation Pvt. Ltd.; Monday.com; Nintex Group Limited; KiSSFLOW; JotForm Inc.; FormStack LLC; ProcessMaker; K2 Software Inc.; GoCanvas; GoSpotCheck; ProntoForms Corporation; Pardot LLC; Process flows; GoFormz; Cognito LLC; Forms On Fire Inc.; Kizeo SAS; Device Magic; iFormBuilder; PaperForm; PerfectApps Inc.; Capptions.com
Which Regions Offer the Highest Growth Potential in the Form Automation Software Market?
North America was the largest region in the form automation software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the form automation software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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